Quarterly report pursuant to Section 13 or 15(d)

General and Administrative Expenses (Tables)

v3.21.2
General and Administrative Expenses (Tables)
 6 Months Ended
Jun. 30, 2021
General and Administrative Expense [Abstract]  
Summary of General and Administrative Expenses
General and administrative expenses consisted of the following (in thousands):
 
    
April 1, 2021
to

June 30, 2021
          
January 1, 2021
to

March 31, 2021
     
For the
three months
ended
June 30, 2020
     
For the six
months
ended
June 30, 2020
  
    
Successor
          
Predecessor
  
Title and closing
   
$
25,191
    
 
    $ 25,061      $ 12,682      $ 28,677  
Loan origination expenses
   
 
17,725
    
 
      20,503        14,126        34,573  
Depreciation and amortization
   
 
16,462
    
 
      3,484        3,488        6,957  
Loan portfolio expenses
   
 
15,433
    
 
      15,200        9,426        18,603  
Communications and data processing
   
 
12,568
    
 
      11,324        8,025        14,327  
Securitization expenses
   
 
10,831
    
 
      6,944        8,349        8,349  
Business development
   
 
9,647
    
 
      10,607        9,321        17,590  
Licensing and insurance
   
 
3,457
    
 
      2,487        1,474        3,266  
Fair value change in deferred purchase price liability
   
 
1,760
    
 
      30        (62 )       —    
Other expenses
   
 
6,227
    
 
      31,577        14,385        27,438  
    
 
 
         
 
 
     
 
 
     
 
 
  
Total general and administrative expenses
   
$
119,301
          $ 127,217      $ 81,214      $ 159,780